Finance & Investment

MSc

Programme details

  • Next start date: Sep 2020
  • Future start date: Sep 2020
  • Study: Full-time
  • Duration: 12 - 16 months
  • Fee: £21,500

Modern finance is complex, integrated and dynamic. To work in this challenging arena, financiers must master various skills to maximise capital, while successfully quantifying risk and responding to its implications.

You will focus on one specialist area while also developing your core understanding of the wider financial industry. 

There are four specialist pathways available depending on demand and intake:

  • Banking & FinTech (September and January)
  • Energy Trade (September and January)
  • Financial Trading (September only)
  • Wealth Management (September only)

The programme offers the rigorous academic training and applied insights required to meet the challenges of today’s financial markets. The structure has been specially designed to appeal to both students of financial and non-financial backgrounds.

You will become proficient in investing, managing and maximising capital and wealth. You will also learn how to deal with risks and understand the regulatory framework of the financial services.  

You will examine market mechanisms, and learn how the international financial markets work, including how capital is raised and financial securities and commodities are priced. You will also develop solid quantitative and analytical skills.

In your pathway modules, you will apply this core financial knowledge to address key issues within your specialist field.

Banking & FinTech (September and January)

The Banking & FinTech pathway focuses on financial innovation and Fintech, with particular emphasis on the impact of technological disruptions in the banking sector. 

Energy Trade (September and January)

The Energy Trade pathway examines and evaluates the global energy trading industry, and the economic and political factors that influence it.

Financial Trading (September only)

The Financial Trading pathway focuses on the trading mechanisms that govern the cash and derivatives buy and sell positions.

Wealth Management (September only)

The Wealth Management pathway provides an insight into the professional financial planning processes required to manage personal finance, credit, investment and other wealth management tasks.

Classes are designed to simulate a real-life experience of the financial industry. You will benefit from hands-on training, including access to the University’s Thomson Reuters Eikon Terminals, Bloomberg L.P Terminals, Datastream including Worldscope databases and a dedicated trading room.

This programme has a global focus. As well as developing your understanding of finance and investment, you will learn how to apply them at a global level with the appreciation of ethical implications.

Teamwork is a core feature on this programme. Collaboration with fellow students from around the world will give you a global insight into how international markets operate.

Key features

  • A focus on the international environment of finance and investment
  • Opportunities to specialise and tailor your education to reflect your professional interests
  • Suitable for both finance and non-finance graduates 
  • Taught by specialist lecturers boasting high academic credentials and varied, industry experience 
  • Opportunities to work with live data using the Thomson Reuters Eikon platform, and access to the University’s trading room and Bloomberg Terminals

    Register for an Open Evening 

    This is a full-time programme, comprising three terms of study. If you begin in September, the programme is 12 months, while a programme starting in January will last for 16 months.

    You will take the following core modules:
     

    Core modules

    Module Title Credits Overview
    Corporate Finance 20 credits Financial managers are asked to address the following questions: What long term investments should a firm undertake (capital budgeting decision). How should cash be raised for the required investments (financing decision). How could a firm manage its day-to-day cash and financial decisions (short term financial planning). How should a firm return cash to its shareholders (the dividend decision).
    The module aims to:
    • Enable you to have an insight into the techniques used in corporate finance and how they can be applied in real world situations.
    • Broaden your thinking skills relating to the concepts of corporate finance and how they are deployed to the making of investment decisions.
    • Develop your analytical skills on the notions of value, risk, capital budgeting, portfolio theory, dividend policy, capital structure, derivatives, merger and acquisition and other related topics to corporate finance.
    • Prepare you to interpret and make financial decisions within a firm based on an informed, critical and ethical approach.
    • Enable you define ethical considerations and implications of the financial decision.
    Financial Econometrics 10 credits The module will introduce students to the fundamental concepts of econometrics and its usefulness in analysing financial data. It is designed to give a deep understanding of why econometrics is necessary and to provide students with a working ability with basic econometric tools and illustrate their application in finance. Furthermore, proper implementation of statistical tools and accurate interpretation of the results are fundamental for having a professional career in the financial sector. For this goal, this module aims to offer the students to master (i) the fundamental idea and basic theories of estimation and statistical inference, (ii) a variety of estimation methods that are useful for analysing financial data, and (iii) the practical skills of implementing these methods using statistical software.
    Financial Statements Analysis and Valuation 10 credits This module is designed to provide MSc students with: (1) the opportunity to critically engage with reporting and accounting policies and their effect on the numbers in financial statements; and (2) financial statement analysis from an investment perspective. While Financial Accounting provides an understanding of the principles and methods for the preparation of financial statements. The module focuses on the use of financial statements, particularly for valuation.
    Aims:
    • Critically engage with financial accounting;
    • Provide the relevant technical skills on company valuation
    • Take an in-depth look at how reporting and the choice of accounting policies by firms affect the numbers in financial statements;
    • Examine how investors use financial statements to analyse companies;
    • Develop a high level of critical thinking in students when viewing company information, specifically accounting information;
    • Gain an understanding that accounting is information and like all forms of information, students should realize that certain assumptions are imbedded in the information. Thus, to be able to critically examine accounting statements, students must consider the assumptions that those accounting statements are based upon.
    International Finance and Economics 10 credits This module serves as a stand-alone course for those interested in understanding the issues of international finance and international economics. In the first part of the module you will be introduced to the main theories of international trade. We then focus on the politics of world trade and lastly we cover macroeconomic issues of international economics such as the balance of payments and models of exchange rate and interest rate determination.
    In the last part, you will be introduced to specific issues in international policy, particularly in relation to (i) the role of international financial markets; (ii) the global monetary system; and (iii) optimum currency zones with a special focus on the EU case.
    This module is directed at future multinational companies’ finance professionals who will be capable of responding to changes in the international financial environment and as such the main goals are M-level mastery of theoretical and applied knowledge in each field at higher levels.
    Investments and Portfolio Management 20 credits This module provides a comprehensive coverage of basic theories, applications and decision-making rules in financial investments. In particular, the module is focusing on the investment decision making process, and especially the theoretical basis and practical approaches to managing investment portfolios of financial assets. This knowledge is crucial as individuals and portfolio managers should have the ability to handle efficiently the tools needed to select assets, manage risk and construct optimal portfolios. On completion, you will have the skills and knowledge required for a career in investment management, financial analysis, financial planning and portfolio management.
    Quantitative Research Methods for Finance 10 credits The main objective of this module is to provide students with an understanding, appreciation and practice of the guiding ideas behind qualitative and quantitative research. The module will provide guidance in applying the basic elements of research methods, which will enable students to critically examine and reflect upon a variety of finance related research projects. Upon completion you will be able to demonstrate awareness of the most commonly used research methods, both quantitative and qualitative. You will also be able to conduct your own original research as part of your dissertation. Additionally you will have the skills to critically appraise a finance-based project and carry out research activities with a fair degree of autonomy. Finally, the module also considers some ethical aspects of research that students. The first part of this module will be theoretical and the second part will be mostly applied.

    Banking & FinTech pathway modules

    Module Title Credits Overview
    Financial Technology and Innovation 20 credits The aim of this module is to give students a rigorous introduction to all the key aspects of FinTech and financial innovation. This module provides an overview of the current revolution and innovation in financial technology (FinTech) which is disrupting the financial services, making them more efficient, personal and secure.
    It is designed to provide foundational understanding and insights into Connectivity, Data and Intelligence which are enabling, disrupting and transforming the financial industry. These are artificial intelligence, cognitive computing, blockchain technology and cryptocurrencies, big data and the digital investment space including crowd sourcing, crowd funding and Initial Coin Offerings.
    Money, Credit and Banking 20 credits The module examines a number of theoretical and policy-related topics related to the modern financial system functions. The module is divided into three parts: the first part is devoted to investigating the functions of money as well as the objectives and instruments of monetary policy. The theory and practice of monetary policy in recent years are examined in a global context. The second part of the module aims to analyse the functioning of modern banking industry, in a global and diverse perspective. This part deepens the management of financial institution, banking competition, nonbank finance, financial crises and risk management in banking. Lastly, the third part deals with the fundamentals of why and how banks are regulated. This part critically reviews the sources of banking risk and ethical considerations, the 2007/08 global financial crisis and the evolution of international banking regulation and supervision, with a special focus on Basel regulation.
    Pathway Dissertation 60 credits The dissertation is an independent piece of research focusing on the selection and analysis of a topic, design of the research, its execution and presentation as a dissertation. It serves as the core integrative and most important element of the MSc Finance & Investment programme.
    To be awarded the degree of MSc Finance & Investment the student must attain technical mastery in the field of the pathway chosen, be capable of conducting independent scholarly work, and through the dissertation demonstrate a clear critical understanding and reflecting on existing knowledge within Finance & Investment.
    The dissertation offers the student a unique opportunity for personal, intellectual, and professional development based on the skills, knowledge and capabilities developed during the programme. The students should keep in their mind from the very beginning that their target is to absorb, critically evaluate, apply and build on existing knowledge in a systematic manner within the chosen topic to maximise the benefits from the taught part of the programme.

    Energy Trade pathway modules

    Module Title Credits Overview
    Energy Economics 20 credits This module is designed to provide students who choose the Energy Trade pathway with the opportunity to critically engage with economic theories and energy policies and their effect on the global economy. The main objective of the module is to equip students with an understanding of the essential concepts and frameworks central to the operation and expansion of the energy sector, their economic implications, and the basic economic tools for analysing them. While Energy Economics requires an understanding of economic theory, this module examines consumer theory and it will be extended to include choice under uncertainty. Some major elements of competitive markets will also be discussed. Producer theory will be examined to understand how firms decide the quantity to be produced under the current market constraint. Furthermore public goods, externalities, and auctions, will be discussed.
    The module is directed at future finance and energy professionals and as such the main goals are to prepare them for managerial, advisory and academic positions.
    Oil and Energy Trading 20 credits This module provides students with the opportunity to focus on issues of particular importance to the specialist field of energy trading. Overall, successfully managing energy price, risk for hedging or trading purposes requires an understanding of the whole supply chains, the instruments traded, as well as their properties and use.
    This module will help students develop the skills needed to successfully participate in global energy markets, for hedging and trading as well as management purposes. A unique feature of the module is that students, for a month, will be managing an energy trading desk using professional tools and live data. This is called the practice month.
    Pathway Dissertation 60 credits The dissertation is an independent piece of research focusing on the selection and analysis of a topic, design of the research, its execution and presentation as a dissertation. It serves as the core integrative and most important element of the MSc Finance & Investment programme.
    To be awarded the degree of MSc Finance & Investment the student must attain technical mastery in the field of the pathway chosen, be capable of conducting independent scholarly work, and through the dissertation demonstrate a clear critical understanding and reflecting on existing knowledge within Finance & Investment.
    The dissertation offers the student a unique opportunity for personal, intellectual, and professional development based on the skills, knowledge and capabilities developed during the programme. The students should keep in their mind from the very beginning that their target is to absorb, critically evaluate, apply and build on existing knowledge in a systematic manner within the chosen topic to maximise the benefits from the taught part of the programme.

    Financial Trading pathway modules

    Module Title Credits Overview
    Fixed Income and Derivatives 20 credits This module is designed to offer MSc Finance & Investment students a deep understanding of the theory and practice of fixed income markets, instruments and derivatives. The first half of the module covers the important elements of the default free fixed income securities market and the second part covers the derivatives market. The module focuses on derivatives with special reference on fixed income assets, such as fixed income securities and related products. The fundamental principles of credit derivatives products such as the credit default swaps, total return swaps and asset swaps will be covered extensively along with interest rate swaps. Special focus will be given on innovative assets such as structured products and alternative assets such as catastrophe bonds. Finally, the module will examine the trading mechanisms that govern the cash and derivatives buy and sell positions.
    Global Financial Trading 20 credits If you choose to take this module you will focus on trading and the behaviour of global financial markets through the use of trading platforms which provides practical and hands-on experience in the art of trading.
    In addition, you will gain transferable career ready business skills including teamwork, communication, presentation and leadership skills.
    This module will provide you with the practical skills necessary to effectively lead in the fast-paced world of the global markets.
    Pathway Dissertation 60 credits This module is designed to offer MSc Finance & Investment students a deep understanding of the theory and practice of fixed income markets, instruments and derivatives. The first half of the module covers the important elements of the default free fixed income securities market and the second part covers the derivatives market. The module focuses on derivatives with special reference on fixed income assets, such as fixed income securities and related products. The fundamental principles of credit derivatives products such as the credit default swaps, total return swaps and asset swaps will be covered extensively along with interest rate swaps. Special focus will be given on innovative assets such as structured products and alternative assets such as catastrophe bonds. Finally, the module will examine the trading mechanisms that govern the cash and derivatives buy and sell positions.

    Wealth Management pathway modules

    Module Title Credits Overview
    Financial Risk Management 20 credits There is a degree of risk associated with investments. The return to any investment is directly linked to risk which should be managed optimally. Thus risk should be identified, measured and assessed in line with the goals of the business. A risk management process needs to be effective in identifying, assessing and controlling the various risk exposures, maintaining a symmetry between expected returns and possibly negative outcomes associated with the risk undertaken.
    With the complex nature of investment management firms and investment portfolios, sophisticated risk management techniques have been developed to provide analysts with the necessary tools to properly measure and manage various risks. Upon successful completion of this module you will be able to answer the following:
    • What is an effective process for identifying, measuring, and managing risk?
    • Which risks are worth taking on a regular basis, which are worth taking on occasion, and which should be avoided altogether?
    • How can our success in risk taking be evaluated?
    • What information should be reported to investors and other stakeholders concerning the risk of an enterprise or a portfolio?
    Wealth Management 20 credits This module is designed to teach students professional financial planning processes required to manage personal finance, credit, investment and other wealth management tasks. In particular, this module will enable students to understand the investment processes and asset management in private banking. The fundamental principles of investment products such as structured products, capital protection, hedge funds, funds of funds and real estate will be covered extensively along with the new fintech products. This module will equip you with skill required to understand high net worth clients’ needs, their ethical considerations, their preferences and perceptions of risk and returns connects and offering tailored and applicable solutions in line with tax, ethical and regulatory requirements.
    Pathway Dissertation 60 credits The dissertation is an independent piece of research focusing on the selection and analysis of a topic, design of the research, its execution and presentation as a dissertation. It serves as the core integrative and most important element of the MSc Finance & Investment programme.
    To be awarded the degree of MSc Finance & Investment the student must attain technical mastery in the field of the pathway chosen, be capable of conducting independent scholarly work, and through the dissertation demonstrate a clear critical understanding and reflecting on existing knowledge within Finance & Investment.
    The dissertation offers the student a unique opportunity for personal, intellectual, and professional development based on the skills, knowledge and capabilities developed during the programme. The students should keep in their mind from the very beginning that their target is to absorb, critically evaluate, apply and build on existing knowledge in a systematic manner within the chosen topic to maximise the benefits from the taught part of the programme.

    How to apply

    Applying to study at Regent's University London is quick and easy. We have put together some helpful information to guide you through the process. We accept direct applications and there is no application fee.

    You can apply in the following ways:

    If you have not uploaded the relevant supporting documents during the online application process, you should ensure that we have the below supporting documents as soon as you have completed your application. These can be sent to the Regent’s Admissions Department via email to [email protected].

    • Copies of academic transcripts and certificates from all university studies (i.e. undergraduate degree)
    • One letter of academic recommendation
    • A copy of your CV/resumé showing your work experience, if applicable.
    • A 1,000 word personal statement outlining the reasons for applying to your chosen programme. This should demonstrate an understanding of a current issue relevant to the subject, how you feel you will benefit from the programme of study, what contributions you will make to the University and how this will help your future career aspirations.
    • A copy of your passport photograph (ID) page
    • If you are not a native English speaker, proof of your English proficiency

    For some of our programmes, the selection process may include an interview. Interviews can take the form of a one-to-one interview or group interview. These are generally conducted on campus but may be conducted by telephone or as a Skype call. Arrangements of these are made between the Admissions Department and the applicant.

    Step 2 Receive a response to your application

    You can expect to receive a decision on your application within 10 working days of receipt of your completed application and supporting documents.

    We will assess whether you meet our entry requirements and will notify you of the decision via email.

    Step 3 Accepting your offer

    If you wish to accept the offer, please pay the advance tuition fee deposit (non-refundable) to confirm your place. 

    Please see here for information on how to pay.

    Step 4 After you have accepted your place

    Closer to the start of the term the Admissions Team will send information regarding the registration process. This will include information on completing your online enrolment prior to your arrival as well as a checklist of documents you will need to bring with you to fully register onto the programme.

    Information for international students

    If you are an overseas student requiring visa sponsorship to study in the UK, our team will be in touch with information on applying for your student visa and the documents you will need. More information can be found on our visas and immigration page.

    Scholarships, funding and bursaries

    India Postgraduate Taught Masters scholarships

    Regent’s University London has a long-standing tradition of welcoming talented students from all over India. Our students from this region have always had a strong entrepreneurial spirit and have graduated from Regent’s fully equipped to join a large multinational, start their own company or join the family business. Regent’s is therefore pleased to offer five postgraduate scholarships specifically for students of Indian nationality, each worth £3,000.

    Full details

    The Filippo Corsini Polo Scholarship, in association with the International Federation of Polo

    The University awards two polo scholarships each year to students who show both the polo skills and the leadership acumen to help the Regent’s polo team's development. The scholarship is named in memory of Regent’s student Prince Filippo Corsini, an accomplished equestrian and showjumper.

    Full details

    Regent's Postgraduate Progression Scholarships

    Regent's Postgraduate Progression Scholarships reward the loyalty of undergraduate students who progress to enrol on a postgraduate degree with us. It's our way of saying thank you. Scholarships are worth up to 15% of tuition fees. 

    Full details

    Tuition fee

    Starting September 2020: £21,500

    Non-refundable advance deposit


    Home/EU students: £1,000
    Non-EU students: £4,000
    Non-EU students in receipt of US Federal Loans: £1,000

    What do fees include?

    Fees cover the cost of all tuition and access to the University’s IT infrastructure and library learning resources. 
     

    What other costs should I budget for?

    You will need to budget additional funds for accommodation and living expenses, travel, and any additional trips, visits, activities or courses (such as Summer programmes) that you choose to participate in outside of the tuition offered as part of the programme.

    The library hold a limited number of copies of core text books and where possible in e-format. You will be encouraged to purchase your own text books and will need to budget approximately £80-£100 for the year, depending on your programme of study.
     

    When are fees paid?

    Fees are payable in the following instalments:

    • An initial non-refundable advance deposit paid when you accept your offer of a place
    • The advance deposit is allocated against the first term’s fees
    • Tuition fees (including fees for subsequent terms) are due two weeks in advance of classes commencing

     Additional fee charges

    • The programme fee outlined is for the full Masters programme including the dissertation element
    • Should there be a requirement to retake modules during an additional term of study or during the dissertation term,  there will be an additional charge per module retaken at the rate applicable to that period of study
    • The module charge will be calculated on a credit basis for each module, in line with the overall credit weighting of the programme  
    • Fees for subsequent years of study are subject to fee inflation
    • The University aims to keep annual fee increases in line with the University’s cost inflation. The expectation is that this will be no greater than UK consumer price inflation (CPI) plus 3%. There are occasionally variations to this dictated by the costs of running specific programmes or facilities required for our programmes
    • As a registered charity, all fee increases are subject to approval of the Trustee Board thus ensuring that affordability for our students remains a primary concern in any decisions regarding fee increases

    Our programme is designed to give you a thorough insight into finance, with a practical approach that can be applied to a future career.

    Students are introduced to different perspectives, and encouraged to analyse and interpret information independently. You will also work with diverse and multicultural teams, learning from different perspectives and honing your collaborative skills.

    The programme is delivered through:

    • Case studies
    • External guest speakers
    • Group work
    • Lectures
    • Presentations
    • Seminars
    • Simulations        
    • Workshops

    Academic Calendar

    Contact hours and expected workload

    The taught modules carry a weighting of 10 or 20 credits. Credits relate to the amount of work carried out by an average student to complete a module successfully. Each credit represents approximately 10 hours of work. A module weighted at 10 and 20 credits would therefore involve 100 and 200 learning hours respectively.

    In Term 3, you will produce a dissertation, which is a 60 credit module. While you will be expected to manage your time, you should expect to spend around 600 learning hours. 

    There is an expectation that you will build and supplement your knowledge and skills with your own additional independent learning, as directed by your lecturers. This additional learning will include traditional skills like reading articles, core texts, and other key works.

    Teaching Staff

    Our teaching staff have a high level of academic experience, as well as familiarity with the industry. Our professionally qualified staff have worked in a range of fields in Investment Banking, Trading, Energy Trading, Fintech, and Wealth Management in a variety of roles. We also welcome guest lecturers to provide insight into the latest developments in the industry.

    Staff on the programme have published in a range of academic journals, authored books and industry publications.

    You will also be allocated a personal tutor, who will meet you on a one-to-one basis at various stages throughout the academic year and give you guidance and advice to support your ongoing personal and professional development throughout your studies at Regent’s University London.

    Assessment

    Most of the taught modules will have a final exam as a 50% component of the final total module mark combined with another type of assessment.

    The assessment will include group and individual projects and case studies that will enable you to be assessed on your ability to create, innovate, and understand current market and industry conditions using live and current data and information.

    Module assessments will also include group and individual coursework, presentations, and trading simulation reflective practice portfolio.

    Disability Support

    We welcome and support students with a wide range of disabilities and health concerns. This includes learning difficulties, visual and hearing impairments, mental health difficulties, autism spectrum conditions, mobility difficulties, and temporary or chronic health conditions.

    Our dedicated Disability Officer is here to support you. We ask that you speak with Student Registry and our Disability Officer as early as you can to enable us to support you. Find out more about our disability support and contact us.

    Academic Requirements


    A Regent’s education provides you with a high level of personal attention, and this begins from the moment you apply to study with us. We want to understand who you are and what your skills and interests may be – we are interested in your potential, as well as your prior achievements. We review each application comprehensively and on its individual merit, considering all of your skills, interests and attributes.

    Typically, we will make an offer to a student holding a minimum lower second class (2:2) UK Honours undergraduate degree in a(n) accounting, business, economics, financial, mathematical or analytical subject from a recognised institution. Other equivalent international qualifications from recognised institutions will be accepted.

    We also welcome applications from candidates who do not meet the essential entry criteria outlined above. In order to be accepted for exceptional entry, you must:

    • Hold a minimum of two years’ relevant work experience
    • Provide a 1000-word personal statement outlining your reasons for applying, and how your previous experience is of relevance to the programme you are applying for
    • Be prepared to attend an interview with the Postgraduate Admissions Panel

    English Language Requirements

    • IELTS: Overall score of 6.5, with 6.0 or above in all 4 component parts
    • PTE Academic: Overall score of 58, with 51 or above in each individual component
    • A-level/GCSE/IGCSE English: grade C / 4 or above (for IGCSE certificates, please provide the Supplementary Certifying Statement with the breakdown of component grades)
    • International Baccalaureate: Grade 5 in English at Higher or Standard Level

    This list is not exhaustive, we will review the English qualifications you have as part of your application and be in contact if we require anything further.

    For applicants who wish to improve their English language proficiency, please see our English language courses.

    On-campus diagnostic test

    For offer holders in London, we can provide a free on-campus English diagnostic test. This test must be arranged in advance. To book a test, please contact [email protected]. Please note, this is a diagnostic test for Regent’s University London only.

    The pathways give you the opportunity to tailor your programme to the career you desire. We offer a strong grounding in different aspects of finance, coupled with the option to focus in on a particular interest.

    Prospective careers after successful completion of this programme are:

    • Assets and wealth management
    • Energy trading
    • Financial risk management
    • Financial technology
    • Financial trading 
    • Investment banking 
    • Wealth management

    Apply now

    MSc Finance & Investment (Banking & Fintech)

    The Banking & FinTech pathway focuses on financial innovation and Fintech, with particular emphasis on the impact of technological disruptions in the banking sector.

    MSc Finance & Investment (Energy Trade)

    The Energy Trade pathway examines and evaluates the global energy trading industry, and the economic and political factors that influence it.

    MSc Finance & Investment (Financial Trading)

    The Financial Trading pathway focuses on the trading mechanisms that govern the cash and derivatives buy and sell positions.

    MSc Finance & Investment (Wealth Management)

    The Wealth Management pathway provides an insight into the professional financial planning processes required to manage personal finance, credit, investment and other wealth management tasks.